Founders Talking To Private Equity Groups for Skype Buyout

Skype Founders Niklas Zennstorm and Janus Friis are talking with private equity firms KKR, Warburg Pincus, Providence Equity Partners and Elevation Partners to raise money to buy Skype back from eBay, reports the Wall Street Journal’s Deal Journal blog. According to the report, the private equity groups would kick in about $1 billion. eBay is said to want $1.7 billion for Skype, though I bet they would settle for a lower offer. Given that Skype and Joltid, a company controlled by Friis and Zennstrom, are embroiled in a legal fight, eBay’s options to sell Skype might be limited. As some of our readers have pointed out, Skype has a bright future if the management continues its focus on innovation.